Blue Point Capital Partners has acquired Weaver Leather, its ninth Blue Point IV platform investment.
Based in Mt Hope, Ohio, Weaver is a produces enthusiast brands in the equine, pet, leather crafting, arborist, livestock and construction markets. Known for its quality and breadth of products, Weaver manufactures, markets and distributes a broad line of branded and non-branded leather, nylon/synthetic, hardware and other products and accessories. The Company’s deep customer and supplier partnerships have enabled its history of growth and successful entry into new end markets and product categories. For over 45 years, Weaver’s core values, culture and management philosophy have been key to its success.
“We are thrilled to be able to invest alongside management to support Weaver in building on its rich history of success. We were drawn to Weaver’s leading brands and niche market leadership position, along with the Company’s terrific alignment with Blue Point’s culture, value-add capabilities, enthusiast consumer investment experience and preference for local partnerships. We look forward to working alongside the talented Weaver team to execute organic and M&A-driven growth initiatives,” says Blue Point Partner John LeMay.
“Building on Weaver’s already-proven brands and broad product offering, we believe there is an excellent foundation for a successful partnership. Together with management, we have identified numerous opportunities to leverage various elements of the Blue Point value creation toolkit,” says Blue Point Principal Charley Geiger. “Simply having the opportunity to partner with the Weaver team and be part of the Company’s next chapter is exciting.”
